South Africa is seeking to raise $305.3 million in a two-part sale of bonds, Bloomberg reports. The Reserve Bank will sell the notes in a tranche worth $191.1 million and a piece of $117.6 million. The $191.1 million bonds, which carry a coupon rate of 6.75%, will be due to mature in 2021. The other tranche of notes, which carry a coupon rate of 6.5%, will mature in 2041.
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